Form 4: Carnival PLC CFO David Bernstein Reports Changes in Beneficial Ownership
SEC Filing
CFO David Bernstein reports the withholding of 7,534 trust shares to cover taxes associated with vesting of time-based restricted stock units.
Summary
- David Bernstein, CFO & CAO of Carnival PLC, filed a Form 4 on April 24, 2025, reporting changes in beneficial ownership.
- On April 22, 2025, 7,534 trust shares were disposed of at a price of $17.6205 per share to cover taxes associated with the vesting of time-based restricted stock units granted on April 8, 2024.
- Following the transaction, Bernstein beneficially owns 245,063 trust shares.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested stock, and doesn't indicate any positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/17/2003 | Completion of the DLC Transaction between Carnival plc and Carnival Corporation |
| 04/08/2024 | Date of grant for time-based restricted stock units |
| 04/22/2025 | Transaction date for the disposal of trust shares |
| 04/24/2025 | Date of Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Carnival PLC, David Bernstein, CFO, Trust Shares, Tax Withholding, Restricted Stock Units
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